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Compare and contrast the Command System with the Market System

ECO212 WEEK 1 DQ1 AND DQ2-NEW QUESTIONS DQ1- Compare and contrast the Command System with the Market System. The Command System is also called as centrally controlled economy and the other name for the Market System is the free market economy. Your response should be at least 200-300 words. DQ2-What do you understand by “Invisible Hand” noted by Adam Smith? Do you agree with it or not? Explain. Your response should be at least 200-300 words.

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